LOS ANGELES, Aug. 1, 2017 — Verso Learning, a professional development platform that provides K-12 teachers with high-impact strategies to promote deeper and more personalized learning, has raised $2 million in a Series A funding round, led by Ken Lowe of Australian-based Canberra Data Centers (CDC).
According to Verso Learning founders, Colin Wood and Philip Stubbs, the funding will in part be used to expand the company's operations in the United States. In use by more than 12,000 K-12 schools in over 100 countries, Verso is in just its third year of marketing to K-12 districts in the U.S. with enterprise district-wide partnerships in California, Texas, New Jersey, and South Carolina.
Moreover, it recently opened its first-ever U.S. headquarters, based in Los Angeles.
New Jersey's Freehold Township District, recently named one of the country's most innovative 20 school districts, has made Verso a critical part of its student personalized learning emphasis and the platform has been widely lauded by the district officials, school administrators and teachers. Superintendent Ross Kasun, selected 2017 New Jersey Superintendent of the Year, said, "Verso is the answer to many of the challenges we were facing."
Initially launched as a free app to promote deeper learning in K-12 classrooms, Verso Learning has since evolved into a full-scale professional development and student learning platform focused on supporting educators to implement world-leading, evidence-based, high-impact teaching strategies using student feedback and data analytics.
According to Lowe, founder of CDC and ASI Solutions, who spent almost two decades as a high school teacher, "Verso Learning disrupts the traditional teacher training model by providing teachers with ongoing, timely feedback and the tools they need to teach at their best every day."
The key to Verso Learning's early success, Wood and Stubbs said, is recognizing the importance of reliable, easy-to-read data on how their students are engaged and helping teachers with the best, research-based instructional strategies to deliver quality personalized learning.
"Interest in the professional development aspects of Verso Learning has really taken off as schools seek a high-impact, cost-effective alternative to the expensive and often ineffective traditional teacher training, such as seminars and training days," said Wood, Verso's CEO and President. "For the cost of a single day of training for one teacher, a school can have access to a full year of ongoing, continuous professional development, focused on driving student engagement and learning outcomes and building teachers' skills."
Stubbs, Verso Learning's Education Director, has spent much of the summer speaking at high-profile conferences in the U.S. He was a panelist at the Visible Learning Conference in San Francisco, and later led two workshops at the Building Learning Communities (BLC) Education Conference in Boston. His workshops guided teachers in finding strategies for deeper student engagement and learning.